An increasing number of people are opting for
riskier
investments instead of
cash savings, according to the Fair
Investment Company .
With the
Bank of England base rate still at 0.5 per cent, more than
three quarters of
investors are not prepared to put their money into cash,
according to the independent
financial service provider's research.
Instead, many are going for structured products,
equity funds and
corporate bonds and, according to Julie Smith, head of
structured products research at Fair
Investment Company, the risk that comes with them could be
worth it.
She said: With the financial climate as it is, and the
base rate unlikely to increase before the year is out, a
diversified
investment portfolio including some structured products is
certainly worth considering.
The
Bank of England this week decided to keep the base rate at 0.5
per cent as it seeks to meet an inflation target of two per
cent.
It also decided to cap its quantitative easing programme at £200
billion for the time being.
